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Autogrill, G. Benetton: possible spin-off as for Wdf

The president of Edizione Holding does not rule out the hypothesis of a spin-off already undertaken with Wdf to facilitate mergers – The operation, however, takes time

Autogrill, G. Benetton: possible spin-off as for Wdf

Edizione could think of following the same path for Autogrill as it did with World Duty Free, i.e. that of a spin-off aimed at facilitating M&A operations, even if nothing will happen in the short term. This was stated by the president of Edizione Gilberto Benetton, on the sidelines of the WDF board of directors. To those who asked him if Edizione could take the share capital of the company starting from 2016, Benetton replied: "We don't know, this operation will take a long time".

In this regard, the president added that “there could also be spin-offs, as we have already done with WDF and Autogrill. We must see". To those who asked him if the spin-off of the American activities was conceivable, Gilberto Benetton replied that "it could (be), we are not yet sure of anything".

The entrepreneur then explained that in any case the important thing is to find aggregation opportunities and underlined the difficulties in finding a partner. "It will be important to evaluate the aggregation opportunities, which are difficult to find, we can't find other groups in this sector that allow us to think of something along these lines,” he concluded.

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